Forget waiting for “fail to deliver” notices on the short selling of financial issues – some firms are refusing the shorts altogether. It’s a classic case of “you pat my back and I’ll pat yours.”
It’s high time the SEC implements the “No-Loss Sale Rule” instead…
(h/t Big Picture)
Save a trader from a coronary today!
July 31, 2008 Add Comment
#financial stocks #short selling
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